Written By Lexx Thornton Sweeping tariffs took effect Thursday, and while President Donald Trump has said the tariffs would lead to factories and jobs moving back to the United States, for Black Americans and small-business owners, it is not that simple. Prices are expected to dramatically rise for clothing and shoes; electronics like cellphones and computers; cars and auto repair; and groceries like coffee, fruits, vegetables, alcohol, and seafood. Economists say the sweeping tariffs may slow U.S. economic growth and increase unemployment. Earlier this year, Capital B reported that nearly 80% of Black Americans were preparing to change their spending
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